JCT(SH:603657)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥610,224,201.11, representing a year-on-year increase of 112.02%[5] - The net profit attributable to shareholders was ¥16,657,645.04, reflecting an increase of 11.67% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,142,016.50, up by 16.39% year-on-year[5] - The basic earnings per share for the period was ¥0.12, an increase of 9.09% compared to the previous year[6] - The company reported a net profit margin of approximately 2.5% for Q1 2023, compared to 3.6% in Q1 2022[21] - In Q1 2023, the company reported a net profit of CNY 20,242,029.43, an increase of 3.26% compared to CNY 17,664,540.33 in Q1 2022[22] - The total comprehensive income for the period was CNY 17,970,260.29, compared to CNY 15,909,848.64 in the previous year, indicating a growth of 12.9%[23] Revenue and Costs - Total operating revenue for Q1 2023 reached RMB 610,224,201.11, a significant increase of 112.5% compared to RMB 287,812,812.07 in Q1 2022[21] - Total operating costs for Q1 2023 were RMB 594,827,759.26, up from RMB 277,433,415.47 in Q1 2022, reflecting a growth of 114.3%[21] - Gross profit for Q1 2023 was RMB 15,396,441.85, compared to RMB 10,379,396.60 in Q1 2022, indicating an increase of 48.5%[21] Cash Flow and Assets - The net cash flow from operating activities was -¥15,893,009.41, a decrease of 115.13% year-on-year, primarily due to increased cash payments for goods and services[5] - Cash and cash equivalents as of March 31, 2023, amounted to RMB 502,176,312.51, down from RMB 542,399,800.86 at the end of 2022, a decrease of 7.0%[16] - The company experienced a net cash outflow from operating activities of CNY -15,893,009.41, compared to a net inflow of CNY 105,077,383.56 in Q1 2022[26] - Investment activities generated a net cash inflow of CNY 31,868,084.16, a significant recovery from a net outflow of CNY -54,839,378.27 in the same quarter last year[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,047,136,809.05, down 5.94% from the end of the previous year[6] - Total assets as of March 31, 2023, were RMB 2,047,136,809.05, down from RMB 2,176,339,336.04 at the end of 2022, a decrease of 5.9%[18] - Total liabilities decreased to RMB 925,661,532.71 from RMB 1,074,324,966.46, a reduction of 13.8%[17] - Shareholders' equity increased to RMB 1,121,475,276.34 from RMB 1,102,014,369.58, reflecting a growth of 1.8%[18] Research and Development - Research and development expenses increased to CNY 12,607,706.90, a rise of 44.5% from CNY 8,742,836.72 in Q1 2022[22] Future Plans - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[19] Other Comprehensive Income - The company reported a decrease in other comprehensive income, with a net amount of CNY -2,271,769.14 compared to CNY -1,754,691.69 in Q1 2022[23]